Stocks

Mnuchin optimistic on trade battles; Wall Street approves

Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries.

US stocks rise as China hikes meat imports

The Chinese report reversed positive investor sentiment that stemmed from President Trump saying late Tuesday on Twitter that a U.S.-China trade deal could be possible soon.

Asian stocks follow Wall Street higher

Stocks regained some ground in morning trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war.

How major US stock indexes fared Tuesday

Stocks climbed on Tuesday and clawed back a chunk of their losses from Monday's rout, the latest whipsaw move as investors weigh just how badly the escalating U.S.-China trade war will hurt the economy.

Business Highlights

___ China retaliates on tariffs, stock markets go into a slide BEIJING (AP) — Deepening its trade battle with the U.S. and sending financial markets spinning, China announced tariff hikes Monday on $60 billion of American goods in retaliation for President Donald Trump's latest penalties on Chinese products.